Plan Ledger DOL Form 5500 · updated monthly

Car Pros Automotive Group, Inc401(k)

CAR PROS 401(K) PROFIT SHARING PLAN · RENTON, WA · plan year 2024

Reported admin expense ratio · 2024
0.71%

Peer grade: C · admin costs + employer contributions vs same-size plans · how grading works

Car Pros Automotive Group, Inc reported $69,713 in plan administrative expenses for 2024: 0.71% of average plan assets, above the peer median. Employer contributions averaged $385 per active participant. This ratio covers administrative expenses reported on the plan's Schedule H only; fund-level expense ratios are not included in public structured data — see methodology.

Across the 2 years on file its reported administrative ratio fell from 0.99% to 0.71%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other retail trade employers. By assets it is among the smaller plans on file in Washington (1,039th of 1,714), and the 2,520th of 5,215 in retail trade. In 2024, employees put in $6.90 for every $1.00 the employer contributed; active participation has grown from 373 to 449 since 2022.

Plan summary
Net assets, end of year$10,614,393
Participants with balances299
Active participants449
Employer contributions$172,887
Employee contributions$1,193,019
Employer contribution per active participant$385
Average account balance$35,500
Benefits paid to participants$1,442,154
Plan auditUnmodified (clean) audit opinion
AuditorREKDAL HOPKINS HOWARD, P.S.
Plan history3
Yearassets · accounts · employer contribution
2024$10.6M · 299 accts · $173K emplr
2023$8.9M · 317 accts · $163K emplr
2022$6.8M · 238 accts · $140K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$35,027
Investment management$34,686
Total administrative$69,713
The Car Pros Automotive Group, Inc 401(k) match · 2024
Employer contribution per active participant$385
Median for plans this size$1,313
2024$385 per active participant
2023$344 per active participant
2022$376 per active participant

Car Pros Automotive Group, Inc's 2024 employer contribution ran below the $1,313 median for plans its size, in the bottom quarter of its peers. Filings report dollars actually contributed, not the match formula; the formula itself (for example, 50% of the first 6% of pay) lives in the plan's summary plan description from HR.

What these fees cost you

Annual cost at the plan's reported 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20243
STANCORP FINANCIAL GROUP · Claims processing · Recordkeeping$27,383
HIDDEN COVE WEALTH MANAGEMENT LLC · Investment advisory (plan)$34,686
DEFINITI LLC · Accounting / audit · Investment advisory (plan)$7,644

Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.

Recordkeeper by year2
2024The Standard
2023The Standard

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$69,713 · 0.71%
2023$67,755 · 0.86%
2022$69,665 · 0.99%
Same employer
Similar plansRetail Trade · Washington
Tacoma Subaru, Inc. WA$11.2M · 0.68%
Community Food Cooperative WA$11.2M · 0.45%
Roy Robinson Incorporated WA$10.4M · 0.86%
Valmark, Inc. WA$10.3M · 0.22%
Northsound Auto Group LLC WA$10.1M · 0.78%
Evolucion Innovations, Inc. WA$10.0M · 0.48%

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Source: U.S. Department of Labor, Form 5500 series, EIN 912109222 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.